1187 Crenshaw Boulevard Los Angeles, CA $ 3,850,000
1187 Crenshaw Boulevard
$ 3,850,000
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1187 Crenshaw Boulevard

Los Angeles, CA, 90019
$ 3,850,000
Bedrooms-- Baths2.0 Sq 6,918

Monthly Estimate*

$ 26,591

Listed by Chad Pape, Coldwell Banker Realty, chad@PapeRealEstate.com
1187 Crenshaw Boulevard, Los Angeles, CA 90019 - Image 1
1187 Crenshaw Boulevard, Los Angeles, CA 90019 - Image 2
1187 Crenshaw Boulevard, Los Angeles, CA 90019 - Image 3
1187 Crenshaw Boulevard, Los Angeles, CA 90019 - Image 4
1187 Crenshaw Boulevard, Los Angeles, CA 90019 - Image 5
1187 Crenshaw Boulevard, Los Angeles, CA 90019 - Image 6
1187 Crenshaw Boulevard, Los Angeles, CA 90019 - Image 7
1187 Crenshaw Boulevard, Los Angeles, CA 90019 - Image 8
1187 Crenshaw Boulevard, Los Angeles, CA 90019 - Image 9
1187 Crenshaw Boulevard, Los Angeles, CA 90019 - Image 10
1187 Crenshaw Boulevard, Los Angeles, CA 90019 - Image 11

Multi-Family Home for sale in Los Angeles, CA

for $3,850,000 with 2 full baths. This 6,918 square foot home was built in 2020 on a lot size of 0.1607.

Eight modern townhomes in one central Los Angeles investment, exempt from state rent control. 1187 Crenshaw is an 8-unit residential income property in the heart of Los Angeles. It was designed with clean contemporary lines, high-quality materials, and equal attention to style and function. Each townhouse-style unit has an open-concept layout, a spacious loft or mezzanine that works as a home office or extra living space, and its own private rooftop deck with great views. The one-bedroom Unit 108 has the largest deck on the property. Energy-efficient appliances and eco-friendly features help keep operating costs down and appeal to renters who care about sustainability. Location drives rental demand, and this one is hard to beat. Residents are minutes from Koreatown, Downtown, West Hollywood, Century City, Westwood, Santa Monica, and the Olympic Blvd tech corridor, with easy freeway access and public transit close by. Modern units in a central location attract quality tenants and support long-term value. Because the property is exempt from state rent control, you also have more flexibility on rents than with many older buildings. Newer multifamily properties this well located don't come up often. Contact the listing agent today for the rent roll and financials, or to schedule a private tour of 1187 Crenshaw. Regenerate

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Multi-Family Active

Price

$ 3,850,000

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1607

Year Built

2020

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

NP26240751

Days on Market

1

Features
General
Sewer Public Sewer
Heating Zoned
Cooling Zoned
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Appliances Dishwasher Electric Oven Electric Range Disposal Refrigerator Tankless Water Heater
Zoning LAR3
HOA Fee 0
Garage Spaces 16
Architectural Style Colonial Modern
Pool Features None
Security Features Closed Circuit Camera(s) Carbon Monoxide Detector(s) Fire Detection System Fire Sprinkler System Security Gate Key Card Entry Smoke Detector(s)
Year Built 2020
Electric 220 Volts in Laundry
Tenant Pays All Utilities
View City Lights
Stories Count 2
Levels Two
Property Subtype Mixed Use
Gross Income 0
Community Features Curbs Street Lights
Accessibility Accessible Elevator Installed Parking
County Los Angeles
Net Operating Income 5620
Operating Expense 1200
Insurance Expense 1210
New Construction false
Property Type Residential Income
HOA false
Contingency Call the listing agent --
Facing Direction East
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions coming from the 10 and crenshaw --head north pass pico and it is on the left
City Los Angeles
Entry Location Front
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 8
MLS Area C18 - Hancock Park-Wilshire
Lot Size Units Square Feet
Lot Size Square Feet 7000
Number of Units Leased 8
Listing Terms Cash Cash to New Loan Conventional Contract Submit
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Current Financing Conventional
Property Condition Turnkey
Trash Expense 4000
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 18
Total Actual Rent 29900
Property Sub Type Additional Mixed Use
Cap Rate 5.77
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Interior
Interior Amenities Balcony Cathedral Ceiling(s) High Ceilings Quartz Counters Recessed Lighting Two Story Ceilings Unfurnished Bedroom on Main Level Walk-In Closet(s)
Flooring Wood
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls No One Above No One Below
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Laundry Closet
Entry Level 1
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Exterior
Parking Features Assigned Controlled Entrance Concrete Covered Driveway Level Driveway Driveway Up Slope From Street Electric Vehicle Charging Station(s) Garage Faces Front Garage Gated On Site Paved Tandem
Lot Features Front Yard Sprinklers In Rear Sprinklers In Front Landscaped Near Public Transit Sprinklers On Side
Water Source Public
Total Parking 18
Lot Size Area 7000
Number of Buildings 1
Spa false
Building Area Total 6918
Lot Size Acres 0.1607
Road Surface Type Paved
Private Pool false
Lot Size Source Estimated
Number of Separate Water Meters 8
Number of Separate Gas Meters 8
Number of Separate Electric Meters 8
Road Frontage Type City Street
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* Excluded Features
List By
Chad Pape

Listing Agent

Coldwell Banker Realty

Broker

chad@PapeRealEstate.com

Email

Affordability Calculator

$26,591
Per Month
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Monthly Principal & Interest
$26,591
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/10/2026$3,850,000 1.58% Price Up
11/10/2026$3,790,000 Listed Price

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1187 Crenshaw Boulevard, Los Angeles, CA, 90019 is a Multi-Family Home for sale at $3,850,000 with 6,918 sqft and a lot size of 0.1607. 1187 Crenshaw Boulevard has 2.0 baths and was built in 2020. The property's zip code is 90019 which is in Los Angeles, CA